EUR/USD bias turned neutral on October 3, 2026
The euro has been pressured by concerns around French debt and a widening gap between French and German bonds, described as a French risk premium weighing on the currency. At the same time, the U.S. dollar has been affected by weak jobs data showing 29K payroll growth with slower wages and unemployment at 4.2%, after which EUR/USD moved above 1.1250. Context for the pair also includes Eurozone inflation accelerating above expectations and outpacing U.S. price growth as ECB and Fed meetings approach.
Updated
The reading that day
NeutralAt the close of the UTC day.
BearishNeutralBullish
It changed once during the day.
The day on the wire
00:0006:0012:0018:0024:00
The band shows the reading through the day; a mark shows where it changed. Each tick is a headline first seen that day.
The reading through the day
- 00:00Weak bearish
- 09:03Neutral
Headlines (14)
Carried over from earlier days
- 1.1265: Euro hits yearly lows amid high Oil prices, rising US yields and debt woesFXStreet
- Bond Rout Extends Into Q4 as Dollar Rises and EUR/USD Breaks 1.13ActionForex
- New Month, Same Market Dynamicsmarctomarket.com
- Euro: Outlook weakens as risks build – RabobankFXStreet
- Euro hits fresh yearly low as strong US data keeps Fed tightening in playFXStreet
- Dollar Index breaks its June peak as the Euro sinks on dearer Crude OilFXStreet
- The Euro sells off hard as the French-German bond gap widensFXStreet
- Euro Plunges as French Debt Crisis Deepens. Forecast as of 02.10.2026LiteFinance
- EUR/USD: French risk premium weighs on Euro – INGFXStreet
- Euro trims daily gains as Eurozone inflation accelerates above expectationsFXStreet
- The Dollar Has Lost Momentum but Not StrengthActionForex
- US Non Farm Payroll Employment Misses at 29K as Wages Slow and Unemployment Rises to 4.2%ActionForex
- Euro rebounds above 1.1250 after weak US jobs data weighs on US DollarFXStreet
- EUR/USD Weekly Forecast: EU inflation outpaces US price growth as ECB, Fed meetings loomFXStreet
Scheduled events
As of
| Event | Forecast | Currency |
|---|---|---|
| Monday, October 5 | ||
| Spanish Services PMI | 57.1 | EUR |
| Italian Services PMI | 54.6 | EUR |
| German Buba President Nagel Speaks | EUR | |
| French Final Services PMI | 51.4 | EUR |
| German Final Services PMI | 52.9 | EUR |
| Italian Retail Sales m/m | EUR | |
| Final Services PMI | 53.0 | EUR |
| Sentix Investor Confidence | 4.5 | EUR |